CEO and managing director of Domino’s Pizza Enterprises (ASX:DMP), Don Meij, has retired after more than 20 years at the company’s helm and will be replaced by Mark van Dyck, who will be taking on both roles starting on November 6, 2024.

Mer Meij has been with the company for 40 years in total, holding the top job of CEO for 22 of these. He will continue to work with the Board and Mr van Dyck for the next 12 months to guide in the corporate transition.

He started the business in Brisbane, but guided it to become a global player, listing Domino’s in 2005 with 387 stores and sales of $300 million.

The search for a new Domino’s CEO was a global one, and Mr van Dyck’s experience is also international: he was on the Executive Board of British multinational food services company Compass Group, which has a market capitalisation of $79 billion and operations in 33 countries.

With this company, he worked as regional managing director, Asia Pacific – overseeing 66,000 employees in 11 countries, and being responsible for serving 400 million meals per year.

Domino’s chairman Jack Cowin said he wanted to thank Mr Meij for his achievements with the company.

“Under his leadership Domino’s Pizza Enterprises Ltd grew from a Brisbane-based company to a truly global business – the market-leader in each of the markets the Company has operated for more than three years in Europe and the Asia-Pacific,” he said.

“Don has done an exceptional job of delivering positive outcomes for all our stakeholders, including franchise partners, shareholders and employees. He leaves an impressive legacy.”

Domino’s also reported a trading update for its first 17 weeks of trade in FY25, saying that Group SSS (same store sales) had fallen 1.2% compared to the prior period.

The company has been trading at $33.71

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